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The phrase "address this liability" is correct and usable in written English.
You can use it when discussing the need to deal with or manage a specific obligation or risk, often in a financial or legal context.
Example: "In our next meeting, we need to address this liability to ensure it doesn't affect our financial stability."
Alternatives: "tackle this liability" or "manage this liability".
Exact(4)
And to the concern of some senior New York Republican leaders, Mr. Lazio has yet to do anything to address this liability.
Perhaps the least effective tools with which to address this liability are the caution and secretiveness that have become Romney's trademarks.
When early members of this series were found to be potent time-dependent CYP3A4 inhibitors, two distinct strategies to address this liability were explored and this effort culminated in the identification of compound 31 as an optimized renin inhibitor.
Mouse plasma stable compounds are required for study in a number of our in vivo disease models, so we attempted to address this liability of 4. We hypothesized that branched alkyl chains could give compounds more resistant to proteases and esterases, and in fact, 42 and 43 showed some improvement.
Similar(53)
In 1997, Ms. Whitman, a Republican, had the state borrow $2.75 billion to deposit in the pension funds, to address the liability and keep annual payments low.
New York State Comptroller Thomas DiNapoli attempted to address the liability issue with the creation of a Natural Gas Damage Recovery Fund, which was introduced as legislation in the State Assembly and Senate.
The fatal accident was believed to be the first involving a self-driving vehicle, and the case will be the first to address this kind of liability.
The decision also addressed the liability of two railroad companies that had leased land to the distribution business.
"This is a serious issue," said Eva Talel, a Manhattan co-op and condominium lawyer who recently participated in a seminar for property owners addressing the liability and insurance issues relating to mold litigation.
In an effort to address the liabilities associated with credit card theft, credit card companies, beginning with Visa in 2001 with its Cardholder Information Security Program (CISP), began enacting data protection standards governing the processing, transmission, and storage of credit card data.
As a consequence there have been limited funds available to support the research and development of new antileishmaniasis treatments to address the liabilities of the current standard of care according to the target profile shown in Table 4.
More suggestions(2)
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com